GE Healthcare, a business unit of GE, has wrapped up the acquisition of global intraoperative imaging and surgical navigation company BK Medical from Altaris Capital Partners for $1.45bn.
Based in Boston and Copenhagen, BK Medical offers advanced ultrasound technology and software to help surgeons make real-time and data-based decisions during surgical procedures.
BK Medical’s products are used in various specialities, including neurosurgery and spine, HPB surgery, robotic-assisted surgery, colorectal surgery, urology and others.
With over 136 patent families, the company has a global installed base of more than 14,000 advanced imaging platforms.
BK Medical president and CEO Brooks West said: “We have been on a journey to change the standard of care for surgery by making it possible for surgeons to make critical decisions in the operating room using real-time advanced visualization, allowing for better care, faster surgeries and reduced complications.”
The acquisition of BK Medical will enable GE Healthcare to add new field of real-time surgical visualisation to its pre and post-operative ultrasound capabilities.
BK Medical, which will join GE, will continue its operations under the leadership of current CEO Brooks, who will report to GE Healthcare Ultrasound president and CEO Roland Rott.
BK Medical will continue to serve customers in the intraoperative ultrasound segment in the US, Europe and other areas.
GE Healthcare Ultrasound president and CEO Roland Rott said: “We are thrilled to bring our extraordinary teams together, learn from each other and continue to build on our deep, shared expertise as we grow our portfolio that our customers turn to and trust. Now together as one family we are looking forward to an even brighter future.”
